Today marks 16 years since the Supreme Court's disastrous decision in Citizens United. The decision overturned critically important limits on political spending by corporations and billionaires. We said it at the time, and it has come true: The decision has unleashed unprecedented spending by dark money groups on our elections. Now campaigns are often defined not by a candidate's record or their ideas but, rather, by their access to dark money. The wealthiest individuals and corporations can now help skew elections singlehandedly by giving millions to their preferred candidate. They can block progress that they don't want to see. In fact, the world's richest man spent more than $250 million to help President Trump get elected in 2024. Let's talk about that 2024 cycle. Super-PACs spent $4.5 billion. That is up from $2.3 billion in 2022, almost double in 2 years. That is more money than the GDP of Greenland. In the 2024 Presidential election, the biggest super-PACs supporting majority party nominees raked in $865 million from donors who contributed $5 million or more alone. Each year, our elections are increasingly defined not by big spenders but by the biggest spenders. Between 2010 and 2024, the percentage of Federal election spending by the top 100 individual donors has jumped from 2 percent to almost 15 percent. That is eight times as much.
Editor's note · Context
Discussing the impact of the Citizens United decision on political spending and elections.
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I thank my colleague and all the speakers today. This is the 16th anniversary of Citizens United v. Federal Election Commission. It was a 5-4 ruling. This decision overturned longstanding precedent that we had in this country, where we had…





